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Adventure Fishing provides guided fishing tours. The company charges $230 per person but offers a 10% discount to parties of four or more. Consider the

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Adventure Fishing provides guided fishing tours. The company charges $230 per person but offers a 10% discount to parties of four or more. Consider the following transactions during the month of May. May 2. Charlene books a fishing tour with Adventure Fishing for herself and four friends at the group discount price (S1, 035 a $287. 5). The tour is scheduled for May 7. May 7. The fishing tour occurs. Adventure Fishing asks that paysent be made within 3e days of the tour and offers a 52 discount for paynent within 15 days. May 9 Charlene is upset that no one caught a single fish and asks eanagenent for a discount. Adventure Fishing has a strict policy of no discounts related to number of fish caught. May 15 Upon deeper investigation, managenent of Adventure Fisting discovers that Charlene's tour was led by a nes galde who did not take the group to sone of the better fishing spots. In concession, management offers a sales allowance of 40 of the anount due. May 20- Adventure Fishing receives the asount oned by Charlene. Required: 1. Record the necessary transaction(s) for Adventure Fishing on each date. 2. Show how Adventure Fishing would present net revenues in its income statement. Complete this question by entering your answers in the tabs below. Record the necessary transaction(s) for Adventure Fishing on each date. (ir no entiy is required for a particular transaction/event, select No Journal Entry Required in the first account feld. Da not round intermediate calculations, Round your answers to 2 decimal places, ) 2. Show how Adventure Fishing would present net revenues in its income statement Complete this question by entering your answers in the tabs below. Record the necessary transaction(s) for Adventure Fishing on each date. (if no entry is required for a particular transuction(event, select. "No Journal Entry Required" in the first account field. Do not round intermedlate cafeutations. Round your answers to 2 deoinal places) Required: 1. Record the necessary transaction(s) for Adventure Fishing on each date. 2. Show how Adventure Fishing would present net revenues in its income statement. Complete this question by entering your answers in the tabs below. Show how Adventure Fishing would present net revenues in its income statement. (Do not round intermediate calculatibis. Round your answers to 2 decimal places.)

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